Kelp Leads Efforts to Recover Remaining ETH Shortfall

Kelp and Aave's joint effort to recover rsETH has made significant progress since the shortfall incident on April 18. The protocol initially faced a shortfall of 163,200 ETH, but through combined efforts, Kelp recovered approximately 43,000 ETH, while the Arbitrum Security Council secured an additional 30,700 ETH.

The remaining gap stands at roughly 89,500 ETH, with partner commitments already totaling 43,500 ETH. Multiple DeFi protocols, including Mantle, EtherFi, Lido, and Golem, have made confirmed public commitments to help address the shortfall.

KelpDAO has emphasized that rsETH holders are their top priority and will continue sharing updates as further commitments are confirmed. The recovery efforts have brought the industry together around a common goal, with Kelp's statement summarizing it as 'DeFi United'.